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Nervos Network (CKB) has a Very Bullish Sentiment Score, is Rising, and Outperforming the Crypto Market Monday: What's Next?

Monday, March 04, 2024 03:20 PM | InvestorsObserver Analysts
Nervos Network (CKB) has a Very Bullish Sentiment Score, is Rising, and Outperforming the Crypto Market Monday: What's Next?

Nervos Network (CKB) gets a very bullish rating from InvestorsObserver Monday. The coin is up 30.06% to $0.0198209937 while the broader crypto market is up 6.22%.

Sentiment Score - ,
Nervos Network has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Nervos Network!

Very Bullish

Over the last five days, Nervos Network has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Nervos Network over the past five days by volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

Price Levels

Nervos Network is currently trading near its five-day high of $0.0198209937034292. The coin is 0.00% its five-day high and is 37.80% higher than its five-day low of $0.0143838226795197.

Nervos Network price is currently above resistance. With support set around $0.0146574809070675 and resistance at $0.0161678598117082, Nervos Network is potentially in a volatile position if the rally burns out.

Nervos Network has traded on low volume recently. This means that today's volume is below its average volume over the past seven days.

What is a coin?

A coin is a cryptocurrency that exists on its own blockchain. These are typically used for payments. Depending on the cryptocurrency, what those payments are use for may vary from general use in the Digital Money sub-class to a more specific use in some other sub-classes.

Due to a lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the report on Nervos Network

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